Regarding conflicting reports about the direction of US naturalgasproduction , Raymond James & Associates Inc. said, "the ..... consumption number, RJA added. "Not only are US naturalgasproduction revisions for the last 18 months enough to raise

Over the next 10 years, continued development of tight oil and ongoing development of offshore resources in the Gulf of Mexico will push US crude oil production to 6.7 million b/d in 2020, and even with a projected decline after 2020, crude oil production will remain above 6.1 million b/d through

PT Chevron Pacific Indonesia (CPI), already under government scrutiny for alleged violations of its cost recovery claims, has forecast that production from its concessions will decline due to aging fields and seasonal floods.

US gas production during the second quarter showed a 3.8% decline compared with second quarter of last year, according to Raymond James & Associates Inc. based on a survey of 47 publicly traded US oil and natural gas exploration and production companies.

Houston-based oil and natural gas independent Apache Corp. Tuesday reported that starting next month it will begin directly marketing about 1.2 bcfd of gas productionwhich includes gas from other producerswithin the US and Canada.

Unocal Thailand Ltd. has signed contract amendments with the Petroleum Authority of Thailand (PTT) that will raise minimum daily sales of natural gas from Unocal's Gulf of Thailand fields by 48% during the next 2 years. The amendments will increase PTT's average minimum gas purchases from Unocal to